The Government of Armenia approved amendments to the law on excise tax, which exempt the import of luxury cars from 20% excise tax. Luxury cars are defined as those with customs value exceeding AMD 25 million or those aged 2 years and less with engine capacity exceeding 4,500 cc.

By | 2014-08-23T11:51:03+04:00 June 16th, 2014|Taxation|Comments Off on Elimination of Excise Tax on Imported Cars

About the Author: